NL Industries Non Current Liabilities Total vs Retained Earnings Analysis

NL Stock  USD 8.61  0.06  0.69%   
NL Industries financial indicator trend analysis is infinitely more than just investigating NL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NL Industries is a good investment. Please check the relationship between NL Industries Non Current Liabilities Total and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NL Industries Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between NL Industries' Non Current Liabilities Total and Retained Earnings is -0.93. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of NL Industries, assuming nothing else is changed. The correlation between historical values of NL Industries' Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of NL Industries are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., NL Industries' Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from NL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NL Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 23.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit42.7M48.8M48.6M46.2M
Total Revenue140.8M166.6M161.3M153.2M

NL Industries fundamental ratios Correlations

0.890.850.85-0.650.870.8-0.730.210.830.40.180.870.640.90.870.540.870.890.880.790.86-0.850.74-0.38-0.13
0.890.970.98-0.910.990.83-0.920.380.590.530.280.990.840.990.970.540.960.990.920.870.99-0.990.92-0.27-0.08
0.850.971.0-0.930.980.72-0.880.510.470.60.411.00.820.970.980.40.970.980.930.920.99-0.980.9-0.13-0.03
0.850.981.0-0.930.990.75-0.90.480.50.590.381.00.840.970.980.440.960.990.930.910.99-0.990.92-0.16-0.05
-0.65-0.91-0.93-0.93-0.94-0.660.93-0.52-0.25-0.6-0.37-0.93-0.84-0.91-0.91-0.38-0.9-0.92-0.83-0.82-0.940.94-0.910.070.02
0.870.990.980.99-0.940.78-0.930.440.530.580.340.990.850.990.990.480.971.00.930.891.0-1.00.93-0.19-0.06
0.80.830.720.75-0.660.78-0.85-0.20.780.28-0.210.750.680.830.730.750.730.810.680.510.78-0.760.75-0.64-0.34
-0.73-0.92-0.88-0.90.93-0.93-0.85-0.23-0.51-0.48-0.06-0.89-0.84-0.93-0.86-0.64-0.86-0.93-0.77-0.68-0.920.92-0.910.360.18
0.210.380.510.48-0.520.44-0.2-0.23-0.260.460.860.480.430.370.48-0.250.450.40.450.640.45-0.470.420.60.43
0.830.590.470.5-0.250.530.78-0.51-0.260.06-0.30.510.410.610.490.750.50.590.480.310.51-0.50.47-0.67-0.24
0.40.530.60.59-0.60.580.28-0.480.460.060.390.590.480.530.62-0.090.580.550.580.610.58-0.580.520.390.21
0.180.280.410.38-0.370.34-0.21-0.060.86-0.30.390.40.370.270.44-0.460.340.30.430.630.35-0.380.280.720.31
0.870.991.01.0-0.930.990.75-0.890.480.510.590.40.830.980.990.420.970.990.950.921.0-0.990.91-0.15-0.05
0.640.840.820.84-0.840.850.68-0.840.430.410.480.370.830.850.80.520.70.850.650.640.84-0.870.94-0.06-0.01
0.90.990.970.97-0.910.990.83-0.930.370.610.530.270.980.850.970.560.961.00.910.860.99-0.990.93-0.27-0.09
0.870.970.980.98-0.910.990.73-0.860.480.490.620.440.990.80.970.370.980.980.970.950.99-0.980.88-0.1-0.05
0.540.540.40.44-0.380.480.75-0.64-0.250.75-0.09-0.460.420.520.560.370.380.530.280.110.47-0.460.56-0.81-0.32
0.870.960.970.96-0.90.970.73-0.860.450.50.580.340.970.70.960.980.380.960.970.940.97-0.960.83-0.19-0.05
0.890.990.980.99-0.921.00.81-0.930.40.590.550.30.990.851.00.980.530.960.920.871.0-0.990.93-0.24-0.08
0.880.920.930.93-0.830.930.68-0.770.450.480.580.430.950.650.910.970.280.970.920.960.94-0.920.76-0.12-0.11
0.790.870.920.91-0.820.890.51-0.680.640.310.610.630.920.640.860.950.110.940.870.960.9-0.890.730.090.05
0.860.990.990.99-0.941.00.78-0.920.450.510.580.351.00.840.990.990.470.971.00.940.9-1.00.93-0.18-0.06
-0.85-0.99-0.98-0.990.94-1.0-0.760.92-0.47-0.5-0.58-0.38-0.99-0.87-0.99-0.98-0.46-0.96-0.99-0.92-0.89-1.0-0.940.150.04
0.740.920.90.92-0.910.930.75-0.910.420.470.520.280.910.940.930.880.560.830.930.760.730.93-0.94-0.180.0
-0.38-0.27-0.13-0.160.07-0.19-0.640.360.6-0.670.390.72-0.15-0.06-0.27-0.1-0.81-0.19-0.24-0.120.09-0.180.15-0.180.44
-0.13-0.08-0.03-0.050.02-0.06-0.340.180.43-0.240.210.31-0.05-0.01-0.09-0.05-0.32-0.05-0.08-0.110.05-0.060.040.00.44
Click cells to compare fundamentals

NL Industries Account Relationship Matchups

NL Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets557.5M548.2M596.2M609.9M600.2M704.5M
Other Current Liab26.4M24.9M27.2M28.5M26.7M35.6M
Total Current Liabilities29.8M27.5M30.6M32.1M30.4M28.9M
Total Stockholder Equity304.5M311.9M362.5M382.2M369.8M388.3M
Property Plant And Equipment Net31.0M29.0M29.2M28.7M25.9M24.6M
Net Debt(129.2M)(136.5M)(146.5M)(68.4M)(113.9M)(108.2M)
Retained Earnings251M257.9M297.4M300.4M284.5M298.7M
Cash129.7M137.0M147.0M68.9M114.4M85.1M
Non Current Assets Total392.8M377.0M402.5M415.9M381.9M439.8M
Non Currrent Assets Other27.0M26.9M26.9M(8.6M)2.1M2.0M
Cash And Short Term Investments129.7M137.0M147.0M139.0M167.6M89.2M
Net Receivables12.5M11.5M15.6M18.5M17.7M16.8M
Common Stock Shares Outstanding48.7M48.8M48.8M48.8M48.8M40.8M
Liabilities And Stockholders Equity557.5M548.2M596.2M609.9M600.2M704.5M
Non Current Liabilities Total200.5M185.3M180.6M175.1M178.0M169.1M
Inventory18.3M18.3M25.6M31.3M30.7M29.2M
Other Current Assets4.1M4.3M5.4M2.3M2.2M2.1M
Other Stockholder Equity299.1M299.1M299.8M298.6M298.9M368.4M
Total Liab230.3M212.8M211.2M207.1M208.4M198.0M
Property Plant And Equipment Gross31.0M29.0M100.9M103.4M103.6M190.0M
Total Current Assets164.7M171.2M193.6M194.0M218.3M264.7M
Accumulated Other Comprehensive Income(251.7M)(251.2M)(240.8M)(223.0M)(219.6M)(230.6M)
Accounts Payable3.4M2.6M3.4M3.5M3.8M3.6M
Common Stock6.1M6.1M6.1M6.1M6.1M6.7M
Common Stock Total Equity6.1M6.1M6.1M6.1M5.5M5.2M
Other Liab200.0M184.8M180.1M174.6M200.8M137.5M
Other Assets86.3M302.7M28.2M28.3M32.5M47.2M
Short Term Investments4.0M0.018.2M70.2M53.1M55.8M
Property Plant Equipment31.0M29.0M29.2M28.7M25.8M24.5M
Net Tangible Assets277.4M284.7M335.3M355.0M408.2M306.5M
Noncontrolling Interest In Consolidated Entity22.7M23.5M22.5M20.6M18.5M17.6M
Retained Earnings Total Equity251M257.9M297.4M300.4M345.5M224.4M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NL Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NL Industries' short interest history, or implied volatility extrapolated from NL Industries options trading.

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When determining whether NL Industries is a strong investment it is important to analyze NL Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NL Industries' future performance. For an informed investment choice regarding NL Industries Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running NL Industries' price analysis, check to measure NL Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
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Is NL Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NL Industries. If investors know NL Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NL Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.382
Dividend Share
0.21
Earnings Share
(0.05)
Revenue Per Share
3.238
Quarterly Revenue Growth
(0.08)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.